Turkey's Borsa Istanbul down at close

By Gokhan Ergocun

ANKARA (AA) – Turkey's benchmark stock index closed Tuesday down 0.77 percent at 93,189.27 points with a trading volume of around 5.9 billion Turkish liras ($880.8 million).

Borsa Istanbul's BIST 100 index ended the day with a 726.28-point drop from Monday's close of 93,915.55 points, while it opened the day at 94,254.45 points, up 0.36 percent.

The USD/TRY exchange rate rose to 6.6820 as of 5 p.m. local time (1400GMT) Tuesday, compared with 6.6300 at Monday's close.

The euro/lira exchange rate climbed slightly to 7.7170 by market close, versus 7.7110 at the previous close, while the British pound/lira exchange rate reached 8.5790 Turkish liras, compared with 8.5550 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,193.00 as of 5.30 p.m. local time (1430GMT) Tuesday, compared with $1,201.00 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $78.15 per barrel on the second transaction day's closing, compared with $78.31 at the end of Monday.

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